Taxes on international trade in Equatorial Guinea
Equatorial Guinea: Taxes on international trade was 1.1% in 2022. ◆ Volatile
Taxes on international trade in Equatorial Guinea, 2006–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for taxes on international trade in Equatorial Guinea is 1.1%, measured in 2022.
The figure is down 10.2% on the previous year and up 144.3% over ten years.
Over the whole period, taxes on international trade in Equatorial Guinea peaked at 1.8% in 2016 and was at its lowest, 0.2%, in 2008.
That places Equatorial Guinea 112th out of 154 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on international trade in Equatorial Guinea, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2006 | 0.5% | — |
| 2007 | 0.6% | +14.0% |
| 2008 | 0.2% | -56.9% |
| 2009 | 0.4% | +78.0% |
| 2010 | 0.6% | +34.0% |
| 2011 | 0.5% | -14.4% |
| 2012 | 0.5% | -4.7% |
| 2013 | 1.2% | +167.8% |
| 2014 | 1.4% | +11.3% |
| 2015 | 0.9% | -38.0% |
| 2016 | 1.8% | +115.6% |
| 2017 | 1.7% | -10.6% |
| 2018 | 1.3% | -18.6% |
| 2019 | 1.6% | +19.7% |
| 2020 | 1.5% | -9.5% |
| 2021 | 1.3% | -13.3% |
| 2022 | 1.1% | -10.2% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 1.1% is below the median for upper middle income countries, which is 4.5%, 25% of the median. (48 countries reporting)
- Equatorial Guinea's 1.1% is below the median for Sub-Saharan Africa, which is 11.2%, 10% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4% | 0.2% | 0.6% | 4 |
| 2010s | 1.1% | 0.5% | 1.8% | 10 |
| 2020s | 1.3% | 1.1% | 1.5% | 3 |
Countries ranked near Equatorial Guinea
More public sector data for Equatorial Guinea
- Arms imports 12.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 6.34 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0009 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -96.67 % change on previous year (2013)
- Arms imports (SIPRI trend indicator values), gaps filled 12.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 59.78 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0085 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -30.25 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 113.14 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 0 SIPRI trend indicator values per square kilometre (2021)
Frequently asked questions
- What is taxes on international trade in Equatorial Guinea?
- Taxes on international trade in Equatorial Guinea was 1.1% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Equatorial Guinea?
- The highest recorded value was 1.8% in 2016.
- What is the lowest taxes on international trade recorded in Equatorial Guinea?
- The lowest recorded value was 0.2% in 2008.
- How does Equatorial Guinea rank for taxes on international trade?
- Equatorial Guinea ranks 112th out of 154 countries with data for 2022.
- Is taxes on international trade rising or falling in Equatorial Guinea?
- Over the last ten years it is up 144.3%. The long-run trend across the full record is volatile.
- Where does this Equatorial Guinea data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on international trade (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.